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803 S Main St
Saint Charles, MO 63301
Retail Property For Sale
Executive Summary
PRIME HISTORIC MAIN STREET MIXED-USE NNN ASSET
Turnkey 5,001 SF commercial building on Historic South Main Street in St. Charles, MO (803 S Main St). Positioned directly on the official city parade and festival route drawing over 1,000,000 annual visitors.
Pure NOI: $102,000/yr ($8,500/mo NNN).
Lease Structure: Absolute NNN 10-Year Corporate Master Lease LOI (Tenant pays 100% of taxes, insurance, utilities, and maintenance).
Anchor Tenant: 100% occupied by an established Pediatric Speech Pathology practice and specialized educational tutoring center.
Layout: ~1,700 SF front commercial frontage + ~3,300 SF rear clinical/tutoring suites.
Stabilized Valuation (ARV): $1,200,000 – $1,457,000+ (7.0%–8.5% submarket cap rate basis).
Turnkey 5,001 SF commercial building on Historic South Main Street in St. Charles, MO (803 S Main St). Positioned directly on the official city parade and festival route drawing over 1,000,000 annual visitors.
Pure NOI: $102,000/yr ($8,500/mo NNN).
Lease Structure: Absolute NNN 10-Year Corporate Master Lease LOI (Tenant pays 100% of taxes, insurance, utilities, and maintenance).
Anchor Tenant: 100% occupied by an established Pediatric Speech Pathology practice and specialized educational tutoring center.
Layout: ~1,700 SF front commercial frontage + ~3,300 SF rear clinical/tutoring suites.
Stabilized Valuation (ARV): $1,200,000 – $1,457,000+ (7.0%–8.5% submarket cap rate basis).
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
5,501 SF
Building Class
B
Year Built
2003
Price
$799,900
Price Per SF
$145.41
Cap Rate
12.75%
NOI
$102,000
Tenancy
Single
Building Height
2 Stories
Building FAR
0.58
Lot Size
0.22 AC
Zoning
AB5
Frontage
32’ on Main St
Amenities
- Signage
Property Taxes
| Parcel Number | 6-014A-B024-00-0001.0000000 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $256,830 |
Property Taxes
Parcel Number
6-014A-B024-00-0001.0000000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$256,830
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